WebJul 21, 2024 · By Annachiara Biondi. Despite this growth, China’s perfume market still has low penetration. A report by iResearch shows that the scale of Chinese perfume consumption is growing rapidly, from RMB 6.16 … WebAug 19, 2024 · Just two years ago, in 2024, Chinese consumers accounted for a mere 1% of the global perfume market, according to Forward, a local research institute. But now, things are starting to change. This July, male perfume was one of the highest trending topics on the lifestyle platform XiaoHongShu (a.k.a. Little Red Book ).
China’s perfume market is on the rise, fuelled by global funding
Web21 hours ago · To celebrate the occasion, ELC President and Chief Executive Officer Fabrizio Freda also addressed visitors with a video message. He said: “China is one of the most dynamic markets in the world for prestige beauty, with the most sophisticated and discerning consumers, and Hainan is a critical market to help drive the next generation … WebApr 9, 2024 · ※ In 2024, China's flavor and fragrance market will exceed 50 billion yuan, and it is expected to develop steadily in the next 5 years. From 2015 to 2024, the … how hard to learn guitar
How to approach Perfume market in China - Daxue Consulting
WebJan 24, 2024 · Since 2016, China's fragrance product market has grown rapidly, reaching approximately 14.5 billion yuan in 2024. The market is expected to maintain its robust … WebMay 12, 2024 · Euromonitor International valued the Chinese fragrance market at RMB 10.9 billion yuan ($1.7 billion) in 2024, representing around 5 percent of the global … WebJan 4, 2024 · China's story. The fragrance sector in China emerged long before 2024. Following Scent Library's phenomenal performance in 2024 (link in Chinese), the entire sector in China began accelerating. Although the COVID-19-caused healthcare crisis has slowed the progress, the market has proved its resilience and high potential. highest rated foundation for pitted scars